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posted by (anonymous) at 05:07pm on 07/07/2010
Because they aren't changing the law. they can't. All benefits accrued will be paid.
What they are changing is how FUTURE payments will be handled, and those have always been subject to change, if anybody had read the small print.
See: http://www.bbc.co.uk/blogs/thereporters/robertpeston/2010/06/bbc_removes_gold_plate_from_pe.html
Specifically search for 'when a BBC employee looks at his or pension statement under the new arrangement' and read the following six paragraphs: the same applies to the civil service.
S.
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What they are changing is how FUTURE payments will be handled, and those have always been subject to change, if anybody had read the small print.
See: http://www.bbc.co.uk/blogs/thereporters/robertpeston/2010/06/bbc_removes_gold_plate_from_pe.html
Specifically search for 'when a BBC employee looks at his or pension statement under the new arrangement' and read the following six paragraphs: the same applies to the civil service.
S.